The Chicago Board Options
Exchange CBOE and C2 Options Exchange (C2) announced that they
will list options on the stock of Twitter, Inc. TWTR on
Friday, November 15. The contract specifications and Designated
Primary Market Makers (DPMs) for the options are as follows:
Contract Specifications:
• Initial strike prices: Will range from 35 to 50, in one-
point increments
• Position limit: 25,000 contracts
• Expiration cycle: March, with introductory expirations in
December, January, March and June
Designated Primary Market Maker (DPM):
• CBOE Designated Primary Market Maker: Morgan Stanley will
serve as electronic DPM
• CBOE Lead Market Maker: Group One Trading will serve as LMM
on the CBOE trading floor
• C2 Designated Primary Market Maker: Wolverine Trading will
serve as DPM at C2
For more information on new listings, visit the Trading Tools
section of the CBOE website at: http://www.cboe.com/NewListings.
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